JEWISH FEDERATION OF GREATER PHILADELPHIA

EIN: 231500085 501(c)(3) Philanthropy & Grantmaking

PHILADELPHIA, PA

Total Revenue
$73,033,283
Total Expenses
$54,768,768
Total Assets
$476,351,804
Net Assets
$392,802,045
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Financial Trends

Organization Details

Formation Year
1901
Legal Domicile
PA
Principal Officer
MICHAEL BALABAN
Phone
2158320807
Tax Period
2023-09-01 to 2024-08-31

JEWISH FEDERATION OF GREATER PHILADELPHIA, founded in 1901, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $73.0M in total revenue in fiscal year 2023. The organization ran a surplus of $18.3M, a strong 25% operating margin.

Mission

THE JEWISH FEDERATION MOBILIZES PEOPLE TO CARE FOR, CONVENE AND ENRICH OUR JEWISH COMMUNITIES.FOR OVER ONE HUNDRED TWENTY YEARS, THE JEWISH FEDERATION OF GREATER PHILADELPHIA HAS SERVED AS THE HUB OF GREATER PHILADELPHIA'S JEWISH COMMUNITY THROUGH GIVING, INCLUSION AND TRADITION. THE JEWISH FEDERATION HAS THREE MAIN GOALS: CARING FOR THOSE IN NEED LOCALLY, SUPPORTING ISRAEL AND GLOBAL JEWRY AND SECURING A VIBRANT JEWISH FUTURE IN THE MOST ACCESSIBLE AND INCLUSIVE MANNER POSSIBLE.THROUGH A POWERFUL PARTNERSHIP OF PHILANTHROPISTS, ORGANIZATIONS, VOLUNTEERS, AND STAFF, THE JEWISH FEDERATION FULFILLS THREE KEY ROLES: PHILANTHROPY, COMMUNITY CONVENER, AND GRANT MAKER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $53,480,038
Program Service Revenue $0
Investment Income $18,338,213
Other Revenue $1,215,032
TOTAL REVENUE $73,033,283

Expense Breakdown

Grants Paid $35,171,964
Salaries & Benefits $10,944,358
Fundraising Expenses $4,682,092
Program Expenses $45,787,074
Other Expenses $8,544,177
TOTAL EXPENSES $54,768,768

Year-over-Year Comparison

2023 2022 Change
Revenue $73,033,283 $69,777,122 +0.0%
Expenses $54,768,768 $44,619,092 +0.2%
Net Income $18,264,515 $25,158,030 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
29
Independent Members
28
Employees
96
Volunteers
2000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
13
$847,631
Total Directors
29
$503,935
Key Employees
5
$1,171,236
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BALABAN PRESIDENT & CEO 45.00
Officer Director
$477,866 $26,069 $503,935
MICHAEL MARKMAN BOARD CHAIR 5.00
Officer Director
$0 $0 $0
DAVID ADELMAN IMMEDIATE PAST PRESIDENT 5.00
Officer Director
$0 $0 $0
GAIL NORRY IMMEDIATE PAST PRESIDENT 5.00
Officer Director
$0 $0 $0
DAVID G GOLD TREASURER 5.00
Officer Director
$0 $0 $0
RICHARD J GREEN SECRETARY, SENIOR VICE-CHAIR 5.00
Officer Director
$0 $0 $0
SUSANNA LACHS ADLER VICE-CHAIR 5.00
Officer Director
$0 $0 $0
MARK FISHMAN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
HOLLY NELSON VICE-CHAIR 5.00
Officer Director
$0 $0 $0
TONY SCHNEIDER VICE-CHAIR 5.00
Officer Director
$0 $0 $0
AMIR GOLDMAN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
MICHELE S LEVIN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
ANDREW CHERRY DIRECTOR 5.00
Director
$0 $0 $0
HARRIS DEVOR DIRECTOR 5.00
Director
$0 $0 $0
MINDY FORTIN DIRECTOR 5.00
Director
$0 $0 $0
BILL GLAZER DIRECTOR 5.00
Director
$0 $0 $0
TRACY H GORDON DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL HELLER DIRECTOR 5.00
Director
$0 $0 $0
MARGIE HONICKMAN DIRECTOR 5.00
Director
$0 $0 $0
ADAM LAVER DIRECTOR 5.00
Director
$0 $0 $0
SAM MENAGED DIRECTOR 5.00
Director
$0 $0 $0
LYN NEFF DIRECTOR 5.00
Director
$0 $0 $0
BERNARD NEWMAN DIRECTOR 5.00
Director
$0 $0 $0
CAROLYN SALIGMAN DIRECTOR 5.00
Director
$0 $0 $0
SHERRIE SAVETT DIRECTOR 5.00
Director
$0 $0 $0
SUSAN SCHWARTZ DIRECTOR 5.00
Director
$0 $0 $0
MITCH STERLING DIRECTOR 5.00
Director
$0 $0 $0
DANIELLE WEISS DIRECTOR 5.00
Director
$0 $0 $0
ANDREW YAFFE DIRECTOR 5.00
Director
$0 $0 $0
LIVI DICARO SENIOR CHIEF, FINANCE & OPERATIONS 45.00
Officer
$319,804 $23,892 $343,696
MELISSA GABILLON CHIEF HUMAN RESOURCES OFFICER 45.00
Key Emp
$200,021 $10,148 $210,169
JEFFREY LASDAY SENIOR CHIEF OF EXTERNAL AFFAIRS 45.00
Key Emp
$245,499 $24,190 $269,689
RAQUEL ROMIROWSKY CHIEF STRATEGY & IMPACT OFFICER 45.00
Key Emp
$214,074 $21,647 $235,721
SARAH SOLOMON CHIEF DEVELOPMENT OFFICER 45.00
Key Emp
$273,888 $13,305 $287,193
REBECCA ETTER CHIEF MARKETING OFFICER 45.00
Key Emp
$158,214 $10,250 $168,464
ROBERT QUATTRO DIRECTOR OF IT 45.00
Highest
$186,942 $12,211 $199,153
JENNIFER MOLISH BRIER CHIEF PLANNED GIVING OFFICER 45.00
Highest
$160,580 $0 $160,580
MARNI DAVIS DIRECTOR WOMEN'S PHILANTHROPY 45.00
Highest
$152,232 $22,135 $174,367
BRIAN GRALNICK THRU 7524 DIR, CTR FOR SOCIAL RESPONSIBILITY 45.00
Highest
$151,506 $5,785 $157,291
DANIEL LEVINE SR DIR, FINANCE (THRU 11/12/24) 45.00
Highest
$147,874 $15,322 $163,196
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $73,033,283 $54,768,768 $476,351,804 $18,264,515
2023 $69,777,122 $44,619,092 $424,335,793 $25,158,030
2022 $61,548,703 $51,726,509 $389,873,664 $9,822,194
2021 $56,076,653 $48,355,646 $424,827,168 $7,721,007
2020 $75,742,201 $60,206,678 $369,220,221 $15,535,523
2019 $65,832,208 $41,085,116 $341,475,027 $24,747,092
2018 $49,848,242 $42,811,821 $322,368,250 $7,036,421
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